CGC to enhance SME outreach

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PETALING JAYA: Credit Guarantee Corp Malaysia Bhd (CGC) is confident 2012 will be an opportune time to continue with the implementation of its strategic initiatives to enhance its small and medium enterprise (SME) outreach and pursue financial sustainability agenda.

Its managing director/chief executive officer Datuk Wan Azhar Wan Ahmad said CGC will continue to engage in greater risk-sharing with the financial institutions.

“The corporation will continue to explore opportunities with partner banks by stepping up efforts to develop new and innovative products to better serve the needs of the underserved segments of SME sector,” he said after the corporation’s annual general meeting here yesterday.

Wan Azhar said these will be initiatives CGC will continue to undertake to meaningfully address the key concerns of SMEs. Bernama

Business Times : nation

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